Founded as Precision Laser Systems as a division of the then massive Kankadi Corporation, the company was spun off and thrived as a manufacturer of laser systems for medical, industrial and military purposes. The economic turmoil of the Succession Wars era forced the company to sell off its now poorly performing medical and industrial divisions, renaming itself as Precision Weaponry as it focused on the military market to stay in business. Around this time the company also literally went underground, moving its production lines into massive subsurface facilities in response to repeated pirate and Successor State military attacks. Despite the hardships, which included attempted hostile takeovers and industrial espionage, Precision continues to do significant business with the AFFS on the back of its popular Sutel Precision Line brand laser weaponry bolstered by its licensed production of Magna lasers and Defiance IndustriesPPCs. [1]

Suffering losses of 25% during the Word of BlakeJihad,[2] in 3072 the company set up RetroTech grade BattleMech production lines to supply desperate 'Mech starved Draconis March militias. Done so without the approval of New Avalon, Precision became the poster child for the FedSuns government's crack-down on such low quality "boutique" production as the Jihad wound down [3] after a primitive RLF-1N Rifleman constructed by the company exploded, causing the DropShip it was aboard to crash into one of Tancredi's major cities. [4] Despite this tragedy, the company was still continuing BattleMech construction as of 3079. [3]